BusinessPhoto: Hindu BusinessFederal Bank Q2 Profit Rises 45% to ₹1,386 Crore
Federal Bank reported a record net profit of ₹1,386 crore for Q2FY27, a 45% increase year-on-year. The bank's gross NPA ratio dropped to a decade low of 1.32%, and net NPA fell to 0.17%. Provision coverage rose to 86.78%, while fresh slippages declined 27.48%. Interest income increased 15% to ₹7,721 crore, and other income surged 38% to ₹1,490 crore. Net advances and deposits both grew over 16%.
Hindu Business··Mumbai




